Faraday Future gets $14 million; factory moved to CA from Vegas

Artist’s impression of Faraday Future’s proposed plant in Hanford, CaliforniaElectric-car maker Faraday Future has received an emergency injection of $14 million to move its FF 91 luxury electric car closer to market. The rescue funds come in the form of a loan from Innovatus Capital Partners, after Faraday Future pledged its California-based headquarters as collateral. For now, the $14 million will keep the company afloat…

Via: http://www.greencarreports.com/news/1111980_faraday-future-gets-14-million-factory-moved-to-ca-from-vegas

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